Chart: Vetting Alphabet's $4 Billion in "Other Bets"
Chart: Vetting Alphabet's $4 Billion in "Other Bets" The Chart of the Week is a weekly Visual Capitalist feature on Fridays. Regardless of whether the policy remains in place today, one of Google's most famous management philosophies has been the "20% rule". Legend goes that especially in Google's earlier days, employees were encouraged to spend 20% of their time working on new initiatives that could potentially benefit Google outside of their regular workflows, teams, and projects. This meant there was time to explore new ideas or to challenge existing status quos within the organization. It's a seemingly arbitrary and systematic way to spur innovation, but it has worked well over the years. The 20% rule has apparently led to new products such as Gmail, Google News, and AdSense, which are all important aspects of Google's business today. It should not be surprising then,Read full article from Chart: Vetting Alphabet's $4 Billion in "Other Bets"
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